PDN

Many ASX listed companies had a boost in the stock market yesterday. Trading was thin ahead of a U.S. market holiday on Monday, and largely followed Wall Street's lead from last Friday. It was the miners that contributed most to the market's rise. This was particularly true for the gold stocks, which were helped by a more than 4% bounce in the price of the precious metal. Newcrest mining (NCM) that was the real standout performer, with shares shooting almost 9% higher.

ABC Learning was the overall best performing stock - taking in a 57.53 percent increase in their share price this week. It was a mixture of learning services, energy, support services, and mining companies who were among the best performing stocks for the week 26 of 2008 of the Australian sharemarket: ABC Learning (ABS), Paladin Energy (PDN), Brambles (BXB), Iluka Resources (ILU). These best performing stocks managed gains above 15.32 percent by the end of the trading week.

Felix Resources (FLX) was the overall best performing stock taking in a 18.86 percent increase. Among the best performing stocks for the week 21 of 2008 on the Australian sharemarket were a mixture of financial and communication services, energy, gold mining, coal mining, and oil: Computershare (CPU), Paladin Energy (PDN), Lihir Gold (LHG), Felix Resources (FLX), AED Oil (AED), Centennial Coal ( CEY). The best performing stocks for the week 21 managed gains above 8.06 percent by the end of the trading week.

Among the best performing stocks for the week 7 of 2008 on the Australian sharemarket were a mixture of mining, oil & gas and real estate: Paladin Energy (PDN), Alumina (AWC), Woodside Petroleum (WPL), Australian Energy Development Oil (AED), Tishman Speyer (TSO). These best performing stocks for week 7 of 2008 managed gains above 11 percent by the end of the trading week. Energy services companies were dominating both the ASX 100 index and the ASX 200 index for the best performing stock list.

AED Oil was the overall worst performing stock taking in a 20.8 percent decrease. Among the worst performing stocks for the week 47 of 2007 of the Australian sharemarket were a mixture of asset management, energy, financial services, oil, metals and mining: Babcock & Brown (BNB), Paladin Energy (PDN), Challenger FSG (CGF), AED Oil (AED), Perilya (PEM), Sally Malay (SMY). These worst performing stocks for the week 47 managed losses above 9.7 by the end of the trading week.

Paladin Energy (PDN) was the overall worst performing stock taking in 18.33 percent decrease. Among the worst performing stocks for the week 46 of 2007 of the Australian sharemarket were a mixture of energy, petroleum, mining and oil exploration: Paladin Energy (PDN), Woodside Petroleum (WPL), Lihir Gold (LHG), AED Oil (AED). These worst performing stocks for week 46 of 2007 recorded losses above 10.77 percent by the end of the trading week.

Jubilee Mines (JBL) was the overall best performing Australian company taking in a 37.7 percent increase of its stock price this week. Among the best performing stocks for the week 45 of 2007 on the Australian sharemarket were a mixture of mining and retail: Harvey Norman (HVN), Paladin Energy (PDN), Oxiana (OXR), Jubilee Mines (JBM), Independence Group (IGO), Sally Malay (SMY). These best performing stocks for week 45 of 2007 recorded gains above 7.9 percent by the end of the trading week.

Pan Australian Resources (PNA) was the overall best performing stock taking in a 13.09 percent increase. Among the best performing companies for the week 42 of 2007 on the Australian sharemarket were a mixture of energy, metal & mining, drilling services and agribusiness: Paladin Energy (PDN), Newcrest (NCM), Boart Longyear (BLY), Pan Australian Resources (PNA), AWB (AWB), Mt. Gibson Iron (MGX). All the above best performing stocks for week 42 managed more than 5 percent gain by the end of the trading week. The week’s highlight was the majority of metal and mining companies.

Among the best performing stocks last week (week 42) on the Australian sharemarket were a mixture of energy and mining companies: Nexus Energy (NXS), Paladin (PDN), Pan Australian Resources (PNA), AWB, Mt Gibson Iron (MGX), Sino Gold (SGX), Roc Oil (ROC) and Flight Centre (FLT). All the above best performing stocks for week 42 stocks managed more than 10 percent gain on the trading week. Nexus Energy was the overall winning stock taking in a 16 percent increase after new company takeover speculation and the recent increase in the oil price.

Paladin (PDN) was the worst performing company listed on the ASX 100 index (Loser of the week, week 40 of 2007). The uranium company saw its shares fall by 11.9 percent or 92 cents closing the week at $6.82. Uranium erased most of the gains it has made this year in trading yesterday as supply outpaced demand, as the metal fell last week. The Australian dollar closed the week at US88.90 cents, gold at 736.35, All Ordinaries at 6617.3 and ASX 200 at 6605.4. The company was previously a loser of the week back in March this year.